EMEA

Visa: Embedded Lending Provides Global Tailwind for Consumers and SMBs
Visa: Embedded Lending Provides Global Tailwind for Consumers and SMBs
October 03, 2024  |  Loans

Embedded lending options are proving to be critical lifelines for individuals and the smallest businesses — particularly in an uncertain macro environment marked by relatively...

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Starling Fined $38 Million for ‘Shockingly Lax’ Crime Controls
Starling Fined $38 Million for ‘Shockingly Lax’ Crime Controls
October 02, 2024  |  Bank Regulation

Starling Bank has been fined 29 million pounds ($38 million) for failing to implement proper financial crime controls. The U.K. Financial Conduct Authority (FCA) announced the penalty against...

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Bank of America Expands Working Capital Offering With Virtual Payables Direct
Bank of America Expands Working Capital Offering With Virtual Payables Direct
October 02, 2024  |  B2B Payments

Bank of America’s virtual card offering in Europe, the Middle East and Africa (EMEA) is expanding. The banking giant launched Virtual Payables Direct, a B2B...

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British Banks Split on Charging Fraud Reimbursement Fees
British Banks Split on Charging Fraud Reimbursement Fees
September 30, 2024  |  Banking

British lenders are reportedly divided over whether to charge scam victims under new fraud reimbursement rules. Beginning Oct. 7, banks in the U.K. will be...

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EPI Rolls Out Wero Instant Payment Solution Across Western Europe
EPI Rolls Out Wero Instant Payment Solution Across Western Europe
September 27, 2024  |  Digital Payments

A new digital wallet and instant payment solution dubbed “Wero” is reportedly being rolled out across western Europe. Backed by 16 of the European Union’s...

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Dubai Wants Crypto Companies to Warn Customers of Risks
Dubai Wants Crypto Companies to Warn Customers of Risks
September 26, 2024  |  Cryptocurrency

Dubai’s cryptocurrency regulator reportedly wants companies to warn customers of the risks of digital currencies. The Virtual Assets Regulatory Authority (VARA) updated its guidelines and...

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LinkedIn’s 930 Million Users Unknowingly Train AI, Sparking Data Privacy Concerns
LinkedIn’s 930 Million Users Unknowingly Train AI, Sparking Data Privacy Concerns
September 24, 2024  |  artificial intelligence

LinkedIn has thrust its 930 million users into an unexpected role: unwitting AI trainers, igniting a firestorm over data privacy and consumer trust. The professional...

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Mastercard Taps AI to Tackle UK APP Fraud Epidemic
Mastercard Taps AI to Tackle UK APP Fraud Epidemic
September 24, 2024  |  Fraud Prevention

Mastercard has introduced what it says are new protections against real-time payment scams. The update to the company’s Consumer Fraud Risk (CFR) solution, announced Tuesday (Sept. 24), uses...

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Bahrain’s AI Push in Middle East Could Serve as Model for Region, Experts Say
Bahrain’s AI Push in Middle East Could Serve as Model for Region, Experts Say
September 23, 2024  |  Artificial Intelligence

Bahrain, an archipelago nation of 1.5 million people, is emerging as an unlikely leader in the artificial intelligence race in the Middle East. Bahrain’s push...

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